As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. In a baseline scenario--which assumes that ...

The global economic outlook has improved since January, with major economies avoiding a severe downturn. The world economy is now projected to grow, on the back of better-than-expected performance ...

Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic ...

“It is important to avoid steps that could further harm the world economy,” Georgieva said ... s exports of canned peaches to the U.S. in 2020 were worth 32 million euros ($35.3 million ...

The World Bank said it expects commodity prices to fall sharply this year and next as rising tariffs lead to a slowdown in ...

FOR THE global economy, 2020 is ending with a sense of hope for the future, partly built on the assumption that it can’t surely be that bad again. Such optimism is also founded on the rollout of ...

WASHINGTON: The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday ...

India is set to surpass Japan as the fourth-largest economy, with a projected GDP of $4.187 trillion in 2025, according to IMF data. This shift highlights India's robust growth trajectory compared to ...